North Korea is in the headlines once again for its involvement in a massive cyberattack that resulted in $200 million in losses. This time, the target was Euler, a decentralized finance platform, and Axie Infinity, a popular blockchain game. The incident highlights the growing threat posed by North Korean cybercriminals, who aim to generate funds for the regime through their activities. Learn more about this latest hack and its implications in this article.
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The recent loss of $233M in DeFi has raised concerns about its security, but it's important to remember that it's a learning experience. Despite this setback, there are still many reasons to be optimistic about the future of decentralized finance.